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Risks in exchanging cryptocurrency and how to avoid them?

Exchanging cryptocurrency can be a risky endeavor. Some of the most common risks include hacking, fraud, and theft. To avoid these risks, it is important to take certain precautions. Some ways to minimize your exposure to these risks include: Use a reputable and secure cryptocurrency exchange Make sure to do your research and use a…

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How Much Energy Does Bitcoin Actually Consume?

Many things need to be clarified about the energy usage of bitcoin. Some people think that it consumes a lot of energy, while others believe that it doesn’t consume any energy at all. To learn more about whether Bitcoin is sustainable and worth pursuing, considering energy usage, visit Utility Bidder.  The truth is that bitcoin…

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A Detailed Overview Of Cryptocurrency, Trading & The Opportunities Around It

Cryptocurrency has gained significant attention in recent years as a disruptive technology that has the potential to revolutionize the financial industry. But what exactly is a cryptocurrency, and how does it work? At its core, cryptocurrency is a digital or virtual currency that uses cryptography and decentralized technology, such as Blockchain, to secure financial transactions…

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Stablecoins: What They Are, Where to Store, and the Main Risks

Stablecoins are used on the crypto market as an analog of the U.S. dollar. It is believed that they are pegged to the U.S. dollar in the ratio of 1:1. Therefore, Stablecoins are considered by many to be a kind of digital dollar. Stablecoins are used both for money transfers and as savings tools. Crypto traders and…

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What Is Bitcoin Dominance And Does It Really Matter?

In the crypto world, Bitcoin (BTC) is still the boss. Even though there are about 1800 different types of coins today, Bitcoin still has a ruling reputation. So, if you’re stepping into the crypto world for the very first time, we recommend educating yourself about Bitcoin dominance and its power. It’ll help you make some…

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APR vs. APY: What’s the difference?

Those who dabble in finance, especially personal finance, might know the two key terms – APR and APY.  These terms are often confusing for beginners just exploring and learning about personal finance. These terms are used to calculate accumulated investment and other credit products’ interest. They can heavily influence your earnings or payments when applied to…

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What are the pros and cons of staking crypto?

With the rise of crypto and blockchain technology, a new way of earning rewards through investment has been born — staking. While staking can be a great way to earn rewards and support a network you believe in, there are also some risks involved. In this article, we’ll explore the pros and cons of staking…

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Should You Invest in Crypto During a Bear Market?

The crypto explosion over the past few years has opened up a whole new world. As major companies and industries worldwide are beginning to see, cryptocurrencies and their related technologies offer incredible benefits in terms of financial efficiency, privacy, and security. It is no surprise then, that many people have been desperate to invest in…

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6 Features Of The Best Crypto Exchange App

If you’re a crypto trader, you’ll likely require exchanging your cryptocurrency for another type or buying more using cash. Likewise, you may also require converting your crypto into regular currency. Finally, you’ll also need safe yet easily accessible storage for cryptocurrency and regular cash so you can have your funds at your disposal anytime. For…

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The Ethereum (ETH) Merge Is Now Done: What To Expect Next?

Ethereum has completed its highly anticipated transition from proof-of-work (PoW) to proof-of-stake (PoS) in a process known as the Merge. It wasn’t simple to go from proof-of-work to proof-of-stake and has undergone endless testing. Before the merge, Justin Drake, a researcher at the nonprofit Ethereum Foundation, said he used the analogy of “switching our an…